Merchant discount means the fee or negotiated discount charged to a merchant by the financial institution for the privilege of participating in a program whereby a credit card is accepted in payment for merchandise or services sold to the credit card holder.
Specified Discount Proration has the meaning set forth in Section 2.05(a)(v)(B)(3).
Proposed Discounted Prepayment Amount has the meaning specified in Section 2.05(d)(ii).
Solicited Discounted Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(1).
Discount Range Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).
Discount Range Proration has the meaning set forth in Section 2.05(a)(v)(C)(3).
Solicited Discounted Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(D)(1).
Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).
Solicited Discounted Prepayment Notice means an irrevocable written notice of a Borrower Solicitation of Discounted Prepayment Offers made pursuant to Section 2.11(a)(ii)(D) substantially in the form of Exhibit M.
Specified Discount Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(B)(1).
Discount Range Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(C)(1).
Solicited Discount Proration has the meaning set forth in Section 2.05(a)(v)(D)(3).
Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.
Specified Discount Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(B)(1).
Discounted Prepayment Determination Date has the meaning set forth in Section 2.05(a)(v)(D)(3).
Acceptable Discount has the meaning set forth in Section 2.05(a)(v)(D)(2).
S&P Discount Factor means for purposes of determining the Discounted Value of any S&P Eligible Asset, the percentage determined by reference to the rating on such asset and the shortest Exposure Period set forth opposite such rating that is the same length as or is longer than the S&P Exposure Period, in accordance with the table set forth below:
Applicable Discount has the meaning set forth in Section 2.05(a)(v)(C)(2).
Discount Range Prepayment Notice means a written notice of a Borrower Solicitation of Discount Range Prepayment Offers made pursuant to Section 2.11(a)(ii)(C) substantially in the form of Exhibit K.
Specified Discount has the meaning set forth in Section 2.05(a)(v)(B)(1).
Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.
Discount Amount means initially $6,549,982; provided that following any issuance of additional Class C(2020-5) Notes in accordance with Section 2.09, the Discount Amount shall mean the amount specified in the Notice of Additional Issuance.
Specified Discount Prepayment Notice means an irrevocable written notice of a Borrower Offer of Specified Discount Prepayment made pursuant to Section 2.11(a)(ii)(B) substantially in the form of Exhibit I.
Specified Discount Prepayment Response means the irrevocable written response by each Lender, substantially in the form of Exhibit J, to a Specified Discount Prepayment Notice.
BA Discount Proceeds means, in respect of any Bankers' Acceptance, an amount calculated on the applicable Drawdown Date which is (rounded to the nearest full cent, with one-half of one cent being rounded up) equal to the face amount of such Bankers' Acceptance multiplied by the price, where the price is calculated by dividing one by the sum of one plus the product of (i) the BA Discount Rate applicable thereto expressed as a decimal fraction multiplied by (ii) a fraction, the numerator of which is the term of such Bankers' Acceptance and the denominator of which is 365, which calculated price will be rounded to the nearest multiple of 0.001%.
Prepayment Amount means the amount required to prepay the Annual Special Tax obligation in full for an Assessor’s Parcel as described in Section G.